An exciting opportunity has become available for a professional services firm based in Delaware. After a continuingly growing period of success for the company, they are expanding their team by looking to hire a Trust Administrator.
Overview: The Trust Administrator is responsible for managing trusts in accordance with governing documents such as trust agreements, wills, or court orders. This role involves ensuring accurate information flow, overseeing compliance, and providing excellent client service.
Key Responsibilities:
- Administer trusts per governing documents and legal requirements.
- Collaborate with departments to ensure timely, accurate information flow.
- Manage compliance with internal and external regulations.
- Gather, review, and organize trust documentation.
- Set up trust accounts and handle banking and brokerage needs.
- Process investment transactions and distribution requests.
- Ensure timely payments of trust expenses and send required beneficiary notices.
- Record trust transactions and resolve internal queries.
- Conduct annual reviews of trusts and assist with invoicing and payment collection.
- Perform Patriot Act compliance for new and transferred trusts.
- Assist in training Trust Administrator Assistants as needed.
- Provide professional, prompt responses to client inquiries.
- Maintain knowledge of legal, tax, and investment developments affecting client accounts.
Qualifications:
- Bachelor's degree required; additional certifications (e.g., Paralegal, CTFA) a plus.
- Minimum three years of legal or trust administration experience.
- Strong organizational, communication, and analytical skills.
- Proficiency in Microsoft Office and trust accounting software.
Skills:
- Detail-oriented with strong document management skills.
- Excellent communication and time management abilities.
- Knowledge of trust-related legal, tax, and investment issues.
- Client service and compliance-focused.
